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Off market
  • $538,400

    5516 Heritage Way, Traverse City, MI 49685

    3beds
    3baths
    2,892sqft
    SingleFamily
    Built in 1995
    0.8 Acres Lot
    $538,400 Zestimate®
    $186/sqft
    $3,919 Estimated rent

    Home value

    $538,400

    $501,000 - $581,000

    $3,919/mo

    Zestimate® history
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    $3,919/mo

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    Rent Zestimate®

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    $3,231/mo

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    $3,231/mo

    Est. payment

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    What's special

    If you need space this is a MUST see! In todays real estate market it is difficult to find this much space with this great location so take a look now because, tomorrow might be too late. A solid well maintained home, sprawling over 2800 square feet of living area. Three, four, or five bedrooms you decide, maybe you prefer a hobby room, exercise room, office, library, whatever it is you want or need, this house offers you choices. Large bedrooms with plenty of closet space, charming three-way fireplace, spacious walk out basement (great place to entertain), beautifully landscaped with underground sprinkler system and underground dog fence. This home is pleasantly situated on a large lot offering an enjoyable lifestyle outdoors too including a large deck and private hot tub. A lovely home with plenty of room to spread out and an affordable price tag? Yes, you just found it. Make your appointment today to see for yourself. Conveniently, located near shopping, schools, restaurants and entertainment. Approximately 10 minutes from downtown Traverse City. Truly a lovely place to call HOME.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    Heating
    • Forced air
    Cooling
    • Other
    Features
    • Basement: Basement (not specified)
    Interior area
    • Total interior livable area: 2,892 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Wood
    Lot
    • Size: 0.80 Acres
    Details
    • Parcel number: 0514903500

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1995

    Community & neighborhood

    Location
    • Region: Traverse City

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $4 monthly

    Price history

    DateEventPrice
    10/12/2016Sold$254,450-2.1%$88/sqft
    Source: NGLRMLS #1818762 Report a problem
    8/19/2016Price change$259,900-5.5%$90/sqft
    Source: Traverse City #1818762 Report a problem
    7/18/2016Price change$275,000-5.1%$95/sqft
    Source: Traverse City #1818762 Report a problem
    6/21/2016Listed for sale$289,900+28.9%$100/sqft
    Source: Traverse City #1818762 Report a problem
    1/31/2002Sold$224,900$78/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,254 +5.1%$250,000 +23.3%
    2024$4,048 +4.2%$202,700 +8.5%
    2023$3,884 +3.4%$186,900 +12.8%
    2022$3,755 +0.9%$165,700 +7.7%
    2021$3,722 $153,900 +6.4%
    2020-- $144,700 +3.4%
    2019-- $140,000 +5%
    2018-- $133,300 +3.5%
    2017-- $128,800
    2016-- --
    2014-- $114,200 +0.6%
    2012-- $113,500 +4.5%
    2011-- $108,600 -3.7%
    2010-- $112,800 -10.5%
    2009-- $126,000 -1%
    2008-- $127,270 -2.5%
    2007-- $130,490 +7%
    2005-- $122,010 +4.2%
    2004-- $117,080 +18.2%
    2003-- $99,070 +1.1%
    2002-- $97,980 +5.3%
    2001-- $93,070 +8.2%
    2000-- $85,980

    Find assessor info on the county website

    Neighborhood: 49685

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
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    $538,400
    2% more
    +$10,768
    With Zillow Showcase(estimated)
    $549,168